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Encyclopedia > Gospel of Wealth

The Gospel of Wealth was an essay written in 1889 by Andrew Carnegie that described the responsibility of philanthropy of the new upper class of self-made monopolists.


External link

  • Full text of essay. (http://xroads.virginia.edu/~DRBR/wealth.html)

  Results from FactBites:
 
Carnegie.Gospel of Wealth (3566 words)
In monarchical countries, the estates and the greatest portion of the wealth are left to the first son, that the vanity of the parent may be gratified by the thought that his name and title are to descend to succeeding generations unimpaired.
As to the second mode, that of leaving wealth at death for public uses, it may be said that this is only a means for the disposal of wealth, provided a man is content to wait until he is dead before it becomes of much good in the world.
This policy would work powerfully to induce the rich man to attend to the administration of wealth during his life, which is the end that society should always have in view, as being that by far most fruitful for the people.
The Gospel of Wealth - Wikisource (8513 words)
Pratt is the ideal disciple of the gospel of wealth.
If any disciple of the gospel of wealth gives his favorite city large swimming and private baths, provided the municipality undertakes their management as a city affair, he will never be called to account for an improper use of the funds intrusted to him.
The only point required by the gospel of wealth is that the surplus which accrues from time to time in the hands of a man should be administered by him in his own lifetime for that purpose which is seen by him, as trustee, to be best for the good of the people.
  More results at FactBites »


 

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